If the Gartley do form I will be monitoring for entry of long position, for trend trading I analysis the possible retracement level for short pos (please enter only when you have confirmation). Follow your filters and trade your plan.
I must see minimum an RSI divergence before the engagement of trade. Trade with your own rules!
Let's see if this plays out or it could be a Gartley where the price will rise from above my PRZ
Traders, trade your rules. Just saw this interesting setup
Shorting plan if there is probable retracement . Follow your own rules and filters
There is hidden divergence oh the H1, Price may rise. This is my own personal analysis, traders please plan your trade and trade your plan. Currently in Long base on harmonics pattern.
Currently, on the H4 chart and RSI is showing a possible change in price action however based on my fundamental analysis on the current situation in Turkey and Argentina, trade war etc..... I am still bearish on EURUSD. On the H1 chart itself, there is currently no distinct indication of trend change ( Bearish to Bullish) although it did signal an indication of...
Gartley Pattern for EURUSD I am still on a short bias for EURUSD, Harmonics Traders long with caution and follow your rules strictly. All the best !!
Ranging Trade on the CADJPY Trading at support and resistance. If I were to look at Double Top formation trading, the price must not close above 86.28 and I must see an RSI divergence with my confirmation candle. For Double Top I will be looking at extended target of 82.52. Swing Trading
Shorting of GBPAUD upon double top formation Trade your own filters
The beauty of knowing Harmonics and Trend Trading, re-affirms your trade. I may or may not be right but I have more confidence in this trade. Waiting for type 2 entry. Must have oversold or divergence shown in RSI Trade your own filters.
Let's see how well this plays out. Will try to catch the trade on Monday !!
Oh Well, Stopped out on this but managed to catch the bottom and trade it upwards. Time go trade it down now !!
Trend Trading - Follow your own rules for engagement
Double Patterns, Double oversold, Double divergence BuyZone and Tp 1 & 2 as shown All the best Traders trade can still be entered as then price is still within PRZ. I will take the trade when the market opens and of course when the price is still near the PRZ.
USDCAD M15 Bearish Shark Entry would be at Entry1 as it was the highest point Entry: 1.31727 SL: 1.31800 Tp1: 1.31127 Tp2: 1.30649 Good risk to reward due to the proximity of SL. Previously engaged in a trade and closed partial position to protect some profits, the reason being when looking left at previous structures there is a high probability of a retest of...